
Gov’t Places State Funds at State-Owned Banks to Speed up Economic Recovery, Boost Real Sector
The Government has announced it will place Rp30 trillion in state funds in the association of state-owned banks (Himbara) aimed to speed up national economic recovery as the country is reeling from the COVID-19 pandemic. According to Minister of Finance Sri Mulyani, the measure is in accordance with Government Regulation in Lieu of Law (Perpu) […]